WBX
WBX
Wallbox N.V.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2025 | $38.31M ▲ | $33.29M ▼ | $-16.07M ▲ | -41.95% ▲ | $-0.08 ▼ | $-16.69M ▲ |
| Q1-2025 | $37.07M ▲ | $33.46M ▼ | $-18.14M ▲ | -48.92% ▲ | $-0.07 ▲ | $-17.18M ▲ |
| Q4-2024 | $36.04M ▼ | $51.89M ▼ | $-45.39M ▲ | -125.95% ▲ | $-0.17 ▲ | $-26.95M ▲ |
| Q3-2024 | $36.58M ▼ | $52.66M ▲ | $-46.07M ▼ | -125.95% ▼ | $-0.21 ▼ | $-27.35M ▼ |
| Q2-2024 | $48.75M | $44.27M | $-27.76M | -56.94% | $-0.16 | $-19.58M |
What's going well?
Revenue is growing steadily, and the company is doing a better job controlling costs. Losses are shrinking quarter over quarter, showing some progress toward profitability.
What's concerning?
The company is still losing money at both the operating and net level, and interest expenses are rising. Without a big jump in sales or further cost cuts, profitability remains out of reach.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2025 | $32.22M ▼ | $316.49M ▲ | $280.35M ▲ | $35.27M ▼ |
| Q1-2025 | $49.7M ▲ | $0 ▼ | $-67.7M ▼ | $67.7M ▲ |
| Q4-2024 | $45.94M ▼ | $353.07M ▼ | $290.49M ▲ | $64.8M ▼ |
| Q3-2024 | $51.15M ▼ | $393.13M ▼ | $-108.67M ▼ | $108.67M ▲ |
| Q2-2024 | $70.25M | $429.31M | $355.34M | $104.53M |
What's financially strong about this company?
The company now has a much larger asset base, including significant investments in property and equipment. Some customers are paying upfront, and there is still positive equity.
What are the financial risks or weaknesses?
Debt is very high compared to equity, and a lot of it is due soon. Cash is down sharply, liquidity is tight, and a big chunk of assets is goodwill and intangibles, which could lose value.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $-18.92M ▲ | $0 | $0 | $0 | $0 | $0 |
| Q1-2025 | $-19.92M ▲ | $0 ▲ | $0 ▲ | $0 | $0 | $0 ▲ |
| Q4-2024 | $-31.71M ▲ | $-17.58M ▲ | $-7.15M ▼ | $0 | $0 | $-18.61M ▲ |
| Q3-2024 | $-40.8M ▼ | $-18.89M ▼ | $0 ▲ | $0 ▲ | $0 ▲ | $-20M ▼ |
| Q2-2024 | $-31.19M | $-9.42M | $-13.74M | $-1.09M | $-22.18M | $-12.78M |
What's strong about this company's cash flow?
There is a slight improvement in net loss this quarter. Non-cash items almost fully offset the reported losses, suggesting some losses may not be real cash out the door.
What are the cash flow concerns?
The company has no cash, no operating cash flow, and continues to report losses. With no sign of new funding or cash generation, the business is at risk of running out of money.
Revenue by Geography
| Region | Q3-2022 |
|---|---|
AUSTRALIA | $0 ▲ |
BELGIUM | $10.00M ▲ |
Brazil | $0 ▲ |
CANADA | $0 ▲ |
Czech Republic Koruny | $0 ▲ |
DENMARK | $0 ▲ |
FRANCE | $10.00M ▲ |
GERMANY | $10.00M ▲ |
GREECE | $0 ▲ |
IRELAND | $0 ▲ |
ISRAEL | $0 ▲ |
ITALY | $10.00M ▲ |
NETHERLANDS | $10.00M ▲ |
NEW ZEALAND | $0 ▲ |
NORWAY | $0 ▲ |
Other Countries | $10.00M ▲ |
PORTUGAL | $0 ▲ |
SPAIN | $20.00M ▲ |
SWEDEN | $10.00M ▲ |
THAILAND | $0 ▲ |
UNITED STATES | $20.00M ▲ |
Q3 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Wallbox N.V.'s financial evolution and strategic trajectory over the past five years.
Wallbox combines strong top‑line growth with a differentiated technology and product platform. It has established itself as an innovator in EV charging, particularly in bidirectional home solutions and modular fast‑charging, supported by an integrated software ecosystem and a vertically integrated operational model. Its expanding global footprint and strategic partnerships with automakers and energy players further enhance its market relevance and potential reach.
The main concerns are financial. The company is generating sizable operating and net losses, burning significant cash, and carrying growing net debt against weakening liquidity. Balance‑sheet strength has deteriorated, with declining equity and accumulated losses, and key liquidity ratios are now below comfortable levels. At the same time, Wallbox competes in a crowded market with larger, better‑capitalized players, raising execution, pricing, and technology‑adoption risks.
Wallbox’s future hinges on its ability to translate technological leadership and robust revenue growth into a sustainable, profitable business model. The secular backdrop for EV charging and smart energy management is favorable, and the company’s innovation pipeline is well aligned with these trends. However, current financial pressures limit room for error. Progress on cost discipline, operating cash flow, and capital structure will be critical indicators of whether Wallbox can move from a promising growth story to a durable, financially resilient player in the EV charging ecosystem.
About Wallbox N.V.
https://wallbox.comWallbox N.V., a technology company, designs, manufactures, and distributes charging solutions for residential, business, and public use. The company operates in three segments: Europe-Middle East Asia, North America, and Asia-Pacific.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2025 | $38.31M ▲ | $33.29M ▼ | $-16.07M ▲ | -41.95% ▲ | $-0.08 ▼ | $-16.69M ▲ |
| Q1-2025 | $37.07M ▲ | $33.46M ▼ | $-18.14M ▲ | -48.92% ▲ | $-0.07 ▲ | $-17.18M ▲ |
| Q4-2024 | $36.04M ▼ | $51.89M ▼ | $-45.39M ▲ | -125.95% ▲ | $-0.17 ▲ | $-26.95M ▲ |
| Q3-2024 | $36.58M ▼ | $52.66M ▲ | $-46.07M ▼ | -125.95% ▼ | $-0.21 ▼ | $-27.35M ▼ |
| Q2-2024 | $48.75M | $44.27M | $-27.76M | -56.94% | $-0.16 | $-19.58M |
What's going well?
Revenue is growing steadily, and the company is doing a better job controlling costs. Losses are shrinking quarter over quarter, showing some progress toward profitability.
What's concerning?
The company is still losing money at both the operating and net level, and interest expenses are rising. Without a big jump in sales or further cost cuts, profitability remains out of reach.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2025 | $32.22M ▼ | $316.49M ▲ | $280.35M ▲ | $35.27M ▼ |
| Q1-2025 | $49.7M ▲ | $0 ▼ | $-67.7M ▼ | $67.7M ▲ |
| Q4-2024 | $45.94M ▼ | $353.07M ▼ | $290.49M ▲ | $64.8M ▼ |
| Q3-2024 | $51.15M ▼ | $393.13M ▼ | $-108.67M ▼ | $108.67M ▲ |
| Q2-2024 | $70.25M | $429.31M | $355.34M | $104.53M |
What's financially strong about this company?
The company now has a much larger asset base, including significant investments in property and equipment. Some customers are paying upfront, and there is still positive equity.
What are the financial risks or weaknesses?
Debt is very high compared to equity, and a lot of it is due soon. Cash is down sharply, liquidity is tight, and a big chunk of assets is goodwill and intangibles, which could lose value.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2025 | $-18.92M ▲ | $0 | $0 | $0 | $0 | $0 |
| Q1-2025 | $-19.92M ▲ | $0 ▲ | $0 ▲ | $0 | $0 | $0 ▲ |
| Q4-2024 | $-31.71M ▲ | $-17.58M ▲ | $-7.15M ▼ | $0 | $0 | $-18.61M ▲ |
| Q3-2024 | $-40.8M ▼ | $-18.89M ▼ | $0 ▲ | $0 ▲ | $0 ▲ | $-20M ▼ |
| Q2-2024 | $-31.19M | $-9.42M | $-13.74M | $-1.09M | $-22.18M | $-12.78M |
What's strong about this company's cash flow?
There is a slight improvement in net loss this quarter. Non-cash items almost fully offset the reported losses, suggesting some losses may not be real cash out the door.
What are the cash flow concerns?
The company has no cash, no operating cash flow, and continues to report losses. With no sign of new funding or cash generation, the business is at risk of running out of money.
Revenue by Geography
| Region | Q3-2022 |
|---|---|
AUSTRALIA | $0 ▲ |
BELGIUM | $10.00M ▲ |
Brazil | $0 ▲ |
CANADA | $0 ▲ |
Czech Republic Koruny | $0 ▲ |
DENMARK | $0 ▲ |
FRANCE | $10.00M ▲ |
GERMANY | $10.00M ▲ |
GREECE | $0 ▲ |
IRELAND | $0 ▲ |
ISRAEL | $0 ▲ |
ITALY | $10.00M ▲ |
NETHERLANDS | $10.00M ▲ |
NEW ZEALAND | $0 ▲ |
NORWAY | $0 ▲ |
Other Countries | $10.00M ▲ |
PORTUGAL | $0 ▲ |
SPAIN | $20.00M ▲ |
SWEDEN | $10.00M ▲ |
THAILAND | $0 ▲ |
UNITED STATES | $20.00M ▲ |
Q3 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Wallbox N.V.'s financial evolution and strategic trajectory over the past five years.
Wallbox combines strong top‑line growth with a differentiated technology and product platform. It has established itself as an innovator in EV charging, particularly in bidirectional home solutions and modular fast‑charging, supported by an integrated software ecosystem and a vertically integrated operational model. Its expanding global footprint and strategic partnerships with automakers and energy players further enhance its market relevance and potential reach.
The main concerns are financial. The company is generating sizable operating and net losses, burning significant cash, and carrying growing net debt against weakening liquidity. Balance‑sheet strength has deteriorated, with declining equity and accumulated losses, and key liquidity ratios are now below comfortable levels. At the same time, Wallbox competes in a crowded market with larger, better‑capitalized players, raising execution, pricing, and technology‑adoption risks.
Wallbox’s future hinges on its ability to translate technological leadership and robust revenue growth into a sustainable, profitable business model. The secular backdrop for EV charging and smart energy management is favorable, and the company’s innovation pipeline is well aligned with these trends. However, current financial pressures limit room for error. Progress on cost discipline, operating cash flow, and capital structure will be critical indicators of whether Wallbox can move from a promising growth story to a durable, financially resilient player in the EV charging ecosystem.

CEO
Eduard Castaneda Mane
Compensation Summary
(Year )
Upcoming Earnings
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2025-07-03 | Reverse | 1:20 |
ETFs Holding This Stock
Summary
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Ratings Snapshot
Rating : D+
Most Recent Analyst Grades
Grade Summary
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Price Target
Institutional Ownership
CREDIT SUISSE AG/
Shares:460.19K
Value:$1.48M
AUTONOMY CAPITAL (JERSEY) L.P.
Shares:175.65K
Value:$563.84K
VIDENT INVESTMENT ADVISORY, LLC
Shares:85.96K
Value:$275.93K
Summary
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